Wells Fargo Portfolio holdings
Wells Fargo & Company, founded in 1852 by Henry Wells and William Fargo, is a major American financial institution headquartered in San Francisco, California, known for its extensive retail banking network and historical roots in the American West. Offering a wide range of services—including consumer banking, mortgages, wealth management, and commercial finance—it manages trillions in assets and serves millions of customers through thousands of branches and ATMs across the U.S. Despite its prominence, Wells Fargo faced significant scrutiny following a 2016 scandal involving millions of unauthorized accounts, leading to leadership changes and regulatory penalties, though it has since focused on rebuilding trust and enhancing digital banking capabilities. With a legacy tied to stagecoaches and a modern focus on diversified financial services, Wells Fargo remains a key player in the U.S. banking sector.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$506M |
| 2 |
Microsoft
MSFT
|
+$336M |
| 3 |
Amazon
AMZN
|
+$287M |
| 4 |
Apple
AAPL
|
+$269M |
| 5 |
Meta Platforms (Facebook)
META
|
+$233M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Air Products & Chemicals
APD
|
+$425M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$334M |
| 3 |
United Parcel Service
UPS
|
+$148M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$128M |
| 5 |
Vanguard Morningstar Mid-Cap ETF
VO
|
+$124M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.28% |
| 2 | Financials | 7.45% |
| 3 | Healthcare | 7.23% |
| 4 | Industrials | 6.23% |
| 5 | Consumer Discretionary | 5.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
Medtronic
MDT
$112B
| $568M | 0.14% |
7,211,097
-685,355
| -9% | -$56.2M |
|
152
Citigroup
C
$213B
| $562M | 0.14% |
8,852,995
+531,501
| +6% | +$32.8M |
|
153
iShares Russell Mid-Cap Growth ETF
IWP
$19.4B
| $561M | 0.14% |
5,085,311
-234,146
| -4% | -$25.7M |
|
154
Tesla
TSLA
$1.18T
| $551M | 0.13% |
2,783,889
+461,523
| +20% | +$80.7M |
|
155
Walt Disney
DIS
$171B
| $545M | 0.13% |
5,488,484
-198,471
| -3% | -$21.4M |
|
156
TJX Companies
TJX
$179B
| $541M | 0.13% |
4,915,343
-15,779
| -0.3% | -$1.59M |
|
157
Vanguard High Dividend Yield ETF
VYM
$80.8B
| $538M | 0.13% |
4,537,864
-64,218
| -1% | -$7.62M |
|
158
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$47.1B
| $530M | 0.13% |
5,772,497
+38,289
| +0.7% | +$3.51M |
|
159
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$21.7B
| $518M | 0.13% |
5,675,506
-145,190
| -2% | -$12.9M |
|
160
iShares 20+ Year Treasury Bond ETF
TLT
$42.4B
| $505M | 0.12% |
5,502,672
+1,272,655
| +30% | +$116M |
|
161
Gilead Sciences
GILD
$165B
| $501M | 0.12% |
7,308,145
+240,922
| +3% | +$16.1M |
|
|
BNY
162
Bank of New York Mellon
BNY
$103B
| $499M | 0.12% |
8,327,434
-148,726
| -2% | -$8.61M |
|
163
CrowdStrike
CRWD
$183B
| $497M | 0.12% |
5,192,016
+432,860
| +9% | +$36M |
|
164
Vanguard Short-Term Corporate Bond ETF
VCSH
$44.7B
| $495M | 0.12% |
6,409,482
-77,194
| -1% | -$5.94M |
|
165
Intuitive Surgical
ISRG
$127B
| $486M | 0.12% |
1,091,583
+130,180
| +14% | +$51.8M |
|
166
First Trust Rising Dividend Achievers ETF
RDVY
$24.4B
| $480M | 0.12% |
8,758,508
+207,758
| +2% | +$11.4M |
|
167
First Trust Enhanced Short Maturity ETF
FTSM
$6.51B
| $477M | 0.12% |
8,010,186
-164,850
| -2% | -$9.84M |
|
168
iShares Gold Trust
IAU
$62.8B
| $477M | 0.12% |
10,854,032
-351,671
| -3% | -$15.5M |
|
169
Applied Materials
AMAT
$347B
| $477M | 0.12% |
2,019,964
+98,007
| +5% | +$21M |
|
170
iShares 1-3 Year Treasury Bond ETF
SHY
$25.4B
| $474M | 0.12% |
5,807,034
+7,341
| +0.1% | +$597K |
|
171
PPG Industries
PPG
$24.9B
| $473M | 0.11% |
3,754,686
+18,309
| +0.5% | +$2.43M |
|
172
Vanguard Short-Term Bond ETF
BSV
$44.7B
| $469M | 0.11% |
6,108,685
+53,789
| +0.9% | +$4.1M |
|
173
iShares Russell Mid-Cap Value ETF
IWS
$15.7B
| $467M | 0.11% |
3,863,779
-60,116
| -2% | -$7.31M |
|
174
iShares MSCI Emerging Markets ETF
EEM
$27.5B
| $460M | 0.11% |
10,799,860
-338,568
| -3% | -$14.2M |
|
175
iShares 0-1 Year Treasury Bond ETF
SHV
$20.8B
| $452M | 0.11% |
4,094,937
+610,067
| +18% | +$67.3M |
|
Similar funds
Wells Fargo's Q2 2024 Portfolio in Review
As of Q2 2024, Wells Fargo held 7,784 positions worth $412B, down 0.64% from $415B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Wells Fargo's Q2 2024 filing shows 385 new, 3,309 increased, 2,368 reduced and 948 closed positions. Its largest new stake was NextEra Energy 7.299% Corporate Units: 1,487,927 shares worth $73.6M. The largest sale was Air Products & Chemicals, an estimated $425M.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 14% a quarter earlier, followed by Financials and Healthcare.
- Wells Fargo's largest Q2 2024 buy was NextEra Energy 7.299% Corporate Units: 1,487,927 shares worth $73.6M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q2 2024, an estimated $506M increase.
- Wells Fargo's biggest Q2 2024 reduction was Air Products & Chemicals, cutting an estimated $425M.
- Wells Fargo fully exited Pioneer Natural Resource Co. in Q2 2024, selling an estimated $88.9M.
- Wells Fargo's ten largest holdings make up 19% of its $412B portfolio in Q2 2024.
- Wells Fargo opened 385 new positions and closed 948 in Q2 2024.
- Wells Fargo's portfolio value fell 0.64% quarter-over-quarter to $412B.
Based on Wells Fargo's 13F filing for Q2 2024, filed 13 Aug 2024.